Just got word that Riceen sent his letter out to his followers and admitted that he was wrong about many things in last weeks letter. he wrote that he thought SRPT would finish the week over $45.00, and that news was tone released that week about AA approval. nothing came true.
he was correct about the sell offs in bonds and stocks and he feels it will continue this week. he still feels that the financial market sell offs were the result of another communications gaffe by the Fed chairman Bernanke. it wll be atleastanother years before rates will be raised by the Fed's.
he is back to his statement that their will be a decision this month of June with A.A. Approval. Riceen states that we are in unprecedented times. But, he feels that today, banks actually is quite profitable. And, he feels that the banks are where we should be.
NEWS ON SRPT THURSDAY AFTER 44PM
We will see. I'll give you this much, you've at least predicted concrete numbers for us to determine if you are full of it or not. If by Friday it is anywhere near $47.43 then we will know you are a reliable predictor. If not, you'll have to change your alias again.